"Resumption of supply is entirely contingent on a successful startup, ability to load products, and the resumption of utility services at the sites," Dow's force majeure letter said. 1,4-Dihydroxyanthraquinone CAS NO. A metal made from the second-most abundant element on Earth has become scarce, threatening everything from car parts to computer chips and throwing up another hurdle for the world economy. For more information about our use of cookies, please view our Privacy Policy. Dow has been informed by one of its upstream raw material suppliers that that supplier has experienced an unplanned event impacting its ability to supply key raw materials to Dows Operations. Great Place to Work and FORTUNE recognize Dow for 3rd consecutive year among 100 Best Companies to Work For. Pinnacle Polymers declared force majeure for PP made at its plant in Garyville, La., just outside of New Orleans. Rose Tree Corporate Center (We'll never share your email address with a third-party. Hanwha of South Korea announced that its phthalic anhydride plant (the main raw material for plasticizers) in Ulsan, South Korea, has unexpectedly ceased production due to force majeure. BASF/Dow and Other Giants Suddenly Force Majeure - ECHEMI **LyondellBasell: Declared Feb. 15 on US polypropylene, **INEOS Olefins and Polymers USA: Declared Feb. 15 on polypropylene, **OQ Chemicals: Declared Feb. 15 on US oxo-alcohols, aldehydes, acids and esters produced at its Bat City, Texas, operations, **Formosa Plastics USA: 513,000 mt/year PVC, 653,000 mt/year VCM, Baton Rouge, Louisiana, **Total: 1.15 million mt/year PP, La Porte, Texas, **Lotte Chemical: 700,000 mt/year MEG, Lake Charles, Louisiana, **Sasol: 463,000 mt/year cracker, 380,000 mt/year EO/MEG, Lake Charles, Louisiana, **Braskem: 360,000 mt/year PP Freeport, Texas; 475,000 mt/year PP La Porte, Texas; 225,000 mt/year PP Seadrift, Texas, **ExxonMobil: Cumulative 1.53 million mt/year from three units, HDPE and LLDPE capacity, Mont Belvieu, Texas. We intend to keep you informed as new information becomes available. According to German media reports, on December 17, Dow stated that it had formally written to its customers, stating that all grades of polyethylene products produced by Dow in Europe were caused by the failure of two of the company's three cracking units in Terneuzen, the Netherlands. Wie das Unternehmen mitteilte, wurden die ersten Infrastrukturarbeiten - zu denen etwa das Verlegen von unterirdischen Rohrleitungen . GreenChem furthers our Go Green initiative. Note! These Chemical Giants Will Raise Prices Since April 1st, 2021 Wednesday, March 29, 2023. Verbnde: Wechsel im Vorstand des Deutschen Verpackungsinstituts Privacy Policy |Terms of Sale|Terms and Conditions, Effective May 1, 2023; ExxonMobil will increase its prices for the following products: All grades, Effective April 29, 2023; CITGO Petroleum Corporation will increase its price for the following products:, Effective April 7, 2023; Lyonellbasell will increase its price for the following products: Isopropyl Alcohol, Effective April 1, 2023; Monument Chemical will increase its prices for the following products: DPM, Effective April 1, 2023; Monument Chemical will increase its price for the following product: Isopropyl, As a company, we are always looking for ways to Go Green, improve our sustainability, Effective March 15, 2023; The Dow Chemical Company will increase its prices for the following, Effective March 16, 2023; Monument Chemical will increase its price for the following product: Isopropyl, Effective March 9, 2023; ExxonMobil Product Solutions Company will increase its prices for the following, Effective November 5, 2022, Citgo Petroleum Corporation will advance off-list prices on Toluene and Xylene, Subscribe for exclusive offers and updates on new arrivals, 222 Clematis Street, Suite 207 West Palm Beach, FL 33401, Lyondellbasell Price Increases, April 7, 2023, Monument Chemical Price Increases, April 1, 2023. Bloomberg Daybreak Asia. Copyright Dow (1995-2023). Regarding the impact of the current epidemic on the actual production capacity of Vietnam's production bases, Shenzhou International expects to affect operations for 14 days, and the company's total annual production capacity of fabrics and clothing will drop by approximately 2% and 1%, respectively. ICP16009155-1 | Copyright@Qingdao ECHEMI Digital Technology Co., Ltd. As per the recent information, Dow Chemicals may announce maintenance turnaround on its Texas based 475,000 tons/annum Methyl Methacrylate (MMA) unit during this quarter. Vinnolit announces force majeure for PVC and VCM. Read and listen to the latest blog posts and podcasts for your market and region. DOW Notice of Force Majeure. Sept 2021 - Greenchem Industries Shell declares force majeure on Gulf deliveries after Ida hit Covestro and Brunsbitt have issued force majeure statements. The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the quantities of the following products: Alcohols: 2-Ethyl Hexanol, 2-Methyl Butanol, Butanol, Isobutanol, Isobutanol Mixtures, Primary Amyl Alcohol, Propanol, Propanol Mixtures. By clicking the Accept button below, you are consenting to receive and store cookies from our site. To continue reading you must login or register with us. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. The purpose of this letter is to advise that, due to circumstances beyond the reasonablecontrol of The Dow Chemical Company (Dow), Dow is unable to supply you with thequantities of Glycol Ethers, including: Methyl Glycol Ethers, extending an existing force majeure Ethyl Glycol Ethers Butyl Glycol Ethersprovided in the applicable Sales Contract or Purchase Order (Contract). The chemical giant layoffs 'self-help', more than 10% of its European employees! Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. 19-Feb-2021. Vinnolit, a large European PVC producer, announced that due to the heavy rains on July 13 and 14, factories near Cologne are facing huge problems in the supply of raw materials. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Dow Chemical is solving this problem and hopes to resume normal supply soon. Nordic Chemical: Plans to shut down its 300,000-ton/year cracker in Antwerp, Belgium for maintenance by late January. Overnight on Wall Street is daytime in Asia. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. In line with the Vietnamese governments social distancing measures, from now on, the production capacity of the Groups cloth production base in Tay Ninh Province, Vietnam will be operated at approximately 30% of its normal production capacity, and the garment factory in Tay Ninh Province, Vietnam will suspend operations while in Vietnam The production capacity of the garment factory in Ho Chi Minh City will operate at approximately 33% of the normal production capacity. ECHEMI 2021-03-03. BASF, Dow Chemical Co. and other companies that supply foam producers with chemicals have declared force majeure, circumstances beyond companies' control that prevent them from meeting their . Discover more about S&P Globals offerings. 04-Jan-2021: WO : T : Published : ORD : PCTGB01/00 : 04-Jan-2001 : 04-Jan-2021 . *Curve comparison and historical data download, View all products of Market Price & Insight. FACTBOX: Deep freeze prompts force majeures, shutdowns at US Gulf Coast